@James Oey 100% the LVP material (Luxury vinyl plank) look for high mm wear layers, we use a flooring installer that gets the 12 mm commercial and has a 30-year warranty, we are around $5.25 per sf installed, but it will last forever and looks great as well as being water proof.

You should also send a certified letter to the vacating tenant stating the rent has been retained for the missing rent. if you don't have his new address, send it to the house so you have proof you sent it. keep the receipt.

I really think by upgrading the finishes to life-proof flooring, SS appliances, updating the bathrooms and kitchens would let me increase the rents by $400 per student per semester.

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The proof.

From that I learned to make them send proof of funds for down payment and closing costs before accepting any offers.

I didn't have a problem with it until they were unable to provide proof of employment for him.

Some things to consider, will those things be renter proof if there’s such a thing.  

Please be prepared to show proof of funds and provide attorney contact.

If I have the enough capital (5-10%) & proof of income will this persuade the broker to give me a mortgage?